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Originally Posted by bottoms up
(Post 3200245)
One of my best holdings to this day was from some random pax on a flight to PVG. He was some upper upper lever MSFT guy. Gave me the sell job on MSFT stock. I did some research and bought in hard around 80-90/share. quarterly dividends reinvested. It’s a hold forever stock.
growing up my dad was the one who always taught us the value of a dollar. I mean the man specially ordered a Toyota camary for my mom with manual transmission and roll up windows because he said automatic and power windows were options not needed for safe transportation from point A to B. Just a luxury. for my 16th birthday I got no car but a DRIP for XOM. From my job in HS to this day I put a specific % in it. He match contributions In HS. Dividends just get invested. Im not at hardcore as he was but I look at long term value. It has done me well. While I have missed some spectacular short term gainers the long term investment has always panned out. we all want to see spectacular gains in days,weeks, and months but I look back at some things I hold that took a while to get moving and just say...Patience...then I just close that browser Anyone else grew up dollar cost averaging ski lift tickets? We had to ski runs until we’re were well under $1/run. I still do this in my head! I am not criticizing, we all have different priorities. I have no doubt you have more money saved/invested than I do, which is fun in and of itself. |
Originally Posted by Cyio
(Post 3200259)
I mean I guess we all find things we enjoy, but if I am counting ski runs to make sure it’s only costing me $1, I can’t afford to be on the slopes.
I am not criticizing, we all have different priorities. I have no doubt you have more money saved/invested than I do, which is fun in and of itself. I think it was his way to teach us value in things. You could say we were upper middle class and never went without but we also wouldn’t just get something because we wanted it. Frugal you could call him. I never got Jordan’s growing up but could get Nike. To his credit he was 1 of 7 kids and they were dirt poor growing up in Clovis NM. I just want everyone to just be smart with their money and make lots more of it. I had a friend who tried to get me to invest in 2002 in a company called Netflix. I declined. My extract words...”it will never work there is a blockbuster on every corner.” My little $10k initial would be worth 5.5 mil today. But I said it will never work. My friend invested and sold out a few years back. Live and learn |
Break $40 today!!!
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Originally Posted by GrumpyCaptain
(Post 3206040)
Break $40 today!!!
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Stonks only go up!
💎🙌🚀 |
What price to sell?
Hold out for $50? |
Originally Posted by Aero1900
(Post 3206428)
What price to sell?
Hold out for $50? |
1 Attachment(s)
Originally Posted by Halon1211
(Post 3206050)
I think I’m hold on till least $45
As I said in previous post, SAVE is my largest holding. Still is! |
Looking back at the past 5 years of the stock price, I don't think I'll sell mine below 50
I believe the stock will do well this summer |
Bold prediction coming-Does anyone think those who held for long term gains are going to be selling off in the next 60 days to capture? Between next week (365 days since $9/share) and Q1 earnings report it will be a slow ride down. Price will pop up then will stagnate until mid May (365 days since the other $9/share) then it will gain momentum going into the summer and get back to $60-70. Haters gunna hate- but let's see how this ages.
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